Securities and Exchange Commission Historical Society

This Week in SEC History

February 2, 1972 - Future Structure Statement. Today in 1972, the SEC released its statement on the “Future Structure of the Securities Markets,” which found that as financial markets grew complex they remained resistant to competition. The SEC concluded that for financial markets to be fair they would have to be linked.
NEW Gallery
Two students sitting at a desk.
Georgia State University College of Law students man registration table at Investor Town Hall at the SEC's Atlanta Regional Office

Securities Arbitration Clinics: Commemorating 25 Years of Law Students Aiding Investors

February 1, 2023 - In the fall of 1997, a number of law schools across the nation began heeding the call of SEC Chairman Arthur Levitt to launch, for the first time ever, clinics, staffed primarily by law students, dedicated to providing free legal services to investors of modest means who seek remedies for investment harm.

The clinics serve a dual purpose by providing both a means of recourse for investors who otherwise would not be able to afford it, and in giving securities law students valuable practical experience at an important time in their legal education.

This new gallery explores the history and future of the clinics and what they have meant to investors and students alike.

Visit the Gallery

NEWS
A bridge silhouetted against a sunset
A Bridge at Sunset

Welcome 2023 Board Officers, New Trustees & Advisors

As of January 1, 2023

OFFICERS

  • James W. Barratt, Chair
  • Susan G. Markel, President
  • Meredith B. Cross, President-Elect
  • Lori A. Richards, Secretary
  • Shelley E. Parratt, Treasurer
  • G. Jeffrey Boujoukos, VP, Museum
  • Ronald C. Long, VP, Development & Engagement

NEW TRUSTEES

  • Peter K.M. Chan, Baker McKenzie LLP
  • Keir Gumbs, Broadridge
  • Shelley E. Parratt, Former SEC Acting Director, SEC Division of Corporation Finance

NEW ADVISORS

  • Karen J. Garnett, Schwab
  • Elizabeth P. Gray, Willkie, Farr & Gallagher LLP
  • Barry W. Rashkover, Sidley Austin LLP
  • Claudius O. Sokenu, UNISYS

Thank you for volunteering your time, expertise and support!

Program
Panelists
Andrew M. Calamari; Haima V. Marlier; Barry W. Rashkover; Silvia L. Serpe; Ladan F. Stewart.

Litigating Against the SEC: Challenges and Approaches

Tuesday, January 10, 2023
Sidley Austin LLP
787 7th Avenue
New York, NY 10019

Full Program Details

Historically, most Securities and Exchange Commission enforcement actions have settled without litigation. Increasingly, however, parties in the cross-hairs of SEC Enforcement are considering the pros and cons of litigating rather than settling. Join Sidley, the SEC Historical Society, and a panel of current and former SEC litigators as we examine how and why litigation with the SEC has evolved over time. Panelists will explore changes in practices and procedures and their effects as evidenced by recent Supreme Court rulings and other decisions.

This program is made possible with the generous support of Sidley Austin LLP.

Program
Angled view of the side of a sky scraper.
Perspective view of a skyscraper.

Tuesday, October 11 // 5:00 pm (ET)

From OCIE to the Division of Examinations: A Leadership Perspective on the Past and Future of the SEC Examinations Program

The SEC’s Office of Compliance Inspections and Examinations (OCIE) was formed in 1995, consolidating all of the Commission’s examination and inspection activities in a single unit. On December 17, 2020, OCIE was renamed the Division of Examinations. This special program focuses on the recent evolution of OCIE to the Division of Examinations. (CLE credit in NJ, NY, and PA will be offered for in-person attendance.)

Full Program Details

This program is made possible with a grant from Morgan, Lewis and Bockius, LLP.

Video

What is the SEC Historical Society?


Program
Grid of 8 portraits.
(Top) Randall J. Fons; Merri Jo Gillette; David Glockner; Daniel R. Gregus (Bottom) Mary E. Keefe; Joel R. Levin; Anita M. Nagler; Lori A. Richards.

Thursday, October 13 // 3:00 pm (ET)

The SEC Chicago Regional Office – A Distinctive History

As part of a new gallery soon to open on the history of the U.S. Securities and Exchange Commission’s Regional Offices, the SEC Historical Society and Northwestern University Pritzker School of Law invite you to attend a program on the evolution of the Chicago Regional Office featuring its current and former leaders. (CLE credit in Illinois will be offered for in-person attendance.)

Full Program Details

This program is made possible through the generous support of Peter K.M. Chan, Charles River Associates, Northwestern University Pritzker School of Law and Lori A. Richards.


Permission for Use

The virtual museum and archive is copyrighted by the SEC Historical Society. The Society reserves the right to restrict access to or use of the museum by any user at any time.

Users are prohibited from sharing or downloading any material for publication or commercial purposes without written permission from the Executive Director. Requests for permission must be submitted by email and specify the material requested and for what purpose.

Material used with the Society's permission should be credited to: www.sechistorical.org.